Built on the philosophy that travel should be a rich journey of discovery, providing unique experiences that inspire, whether travelling for business or leisure, edyn has expressed this vision through the development of a unique and diverse portfolio of properties reflecting the evolution of the travel and hospitality industries.
The hybrid hospitality sector continues to benefit from significant expansion driven by increasing consumer awareness and demand, and the
acquisition of a historic property in the city’s fifth arrondissement will be followed by its development into a 145 key boutique aparthotel, slated to open in 2024.
The acquisition further strengthens edyn’s position as an industry leader in the hybrid hospitality sector, with the groups recent growth track including the acquisition and redevelopment of the NH Hotel in London’s Kensington and the opening of WunderLocke in Munich, with Locke at East Side Gallery to follow imminently in Berlin. Edyn has also announced 2 further Locke hotels currently under development in Zurich and Lisbon which are due to open in 2023 and 2024.
The Locke model of a lifestyle aparthotel, gives guests the freedom to travel on their own terms by creating spaces that are designed to adapt to travellers ever-changing lifestyles. Since opening its first location in London in 2016, the brand has expanded exponentially, currently operating 12 trading properties and 1,978 trading keys across five markets in the UK and mainland Europe.
“Locke will be the first design-led lifestyle aparthotel to open in Paris, and we’re thrilled to introduce our forward-thinking brand to such an iconic city,” commented Stephen McCall, CEO at edyn. “After establishing ourselves as one of the most innovative hybrid hospitality groups in Europe, this flagship opening in Paris further extends the reach of our exciting pipeline of Locke and Cove hotels across the continent, at a time when awareness of extended stay is translating into record levels of consumer demand.”
Currently an 18th Century mansion located in the cosmopolitan Latin Quarter, a stone’s throw from Sorbonne University and the Panthéon, edyn will transform the property into a flagship location for Locke. Integrating Locke’s unique hybrid concept, the sensitive redevelopment will result in 1000 square metres of activated social spaces comprising a winter garden, a high-concept restaurant and bar set under a restored glass atrium, co-working, coffee shop, gym and laundry facilities. Accommodation will feature 145 studio apartments spread over seven storeys, which will be housed in a new building to the rear of the site. The site has been purchased with planning permission and the development is expected to start October 2022 with a targeted opening date in the second half of 2024.
Main image credit: edyn